NYSE:ENV - Envestnet Stock Price, Price Target & More

Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."

Envestnet Inc (NYSE:ENV) announced its quarterly earnings results on Wednesday, May, 9th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.01. The business services provider had revenue of $198 million for the quarter, compared to the consensus estimate of $194 million. Envestnet had a return on equity of 10.66% and a net margin of 2.48%. The company's quarterly revenue was up 25.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.25 earnings per share. View Envestnet's Earnings History.

Envestnet is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Envestnet.

Envestnet issued an update on its FY18 earnings guidance on Wednesday, May, 9th. The company provided earnings per share (EPS) guidance of $1.78 to $1.83 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.81. The company issued revenue guidance of $811 million to $821 million from $808 million to $823 million, compared to the consensus revenue estimate of $817.79 million.Envestnet also updated its Q2 guidance to $0.37 EPS.

9 analysts have issued twelve-month price targets for Envestnet's stock. Their forecasts range from $48.00 to $70.00. On average, they anticipate Envestnet's share price to reach $57.7778 in the next twelve months. This suggests that the stock has a possible downside of 2.6%. View Analyst Ratings for Envestnet.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Envestnet include Nielsen (NLSN), GrubHub (GRUB), The Western Union (WU), CDK Global (CDK), WEX (WEX), athenahealth (ATHN), Fair Isaac (FICO), Etsy (ETSY), Healthequity (HQY), Stamps.com (STMP), MAXIMUS (MMS), Cotiviti (COTV), TriNet Group (TNET), Conduent (CNDT) and GreenSky (GSKY).

Media coverage about ENV stock has trended somewhat negative this week, Accern reports. The research firm ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Envestnet earned a news sentiment score of -0.04 on Accern's scale. They also gave news coverage about the business services provider an impact score of 43.63 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Envestnet's stock is owned by many different of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.63%), Summit Creek Advisors LLC (0.58%), Scout Investments Inc. (0.21%), Radnor Capital Management LLC (0.02%) and Amalgamated Bank (0.01%). Company insiders that own Envestnet stock include Anil Arora, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Institutional Ownership Trends for Envestnet.

ENV stock was sold by a variety of institutional investors in the last quarter, including Radnor Capital Management LLC and Scout Investments Inc.. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Insider Buying and Selling for Envestnet.

ENV stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Summit Creek Advisors LLC and Amalgamated Bank. Company insiders that have bought Envestnet stock in the last two years include Charles Roame, Gayle A Crowell and Judson Bergman. View Insider Buying and Selling for Envestnet.

Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ENV stock can currently be purchased for approximately $59.30.

Envestnet has a market capitalization of $2.68 billion and generates $683.68 million in revenue each year. The business services provider earns $-3,280,000.00 in net income (profit) each year or $0.88 on an earnings per share basis. Envestnet employs 3,516 workers across the globe.

Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]